McGrady Group Blog - The McGrady Group

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Madison’s Challenge: Escalating Prices & Sluggish Listings

Dane County Market Analysis, Housing Market Updates, Interest Rates, Market Updates, McGrady Group Blog, Pricing, Time-sensitive

Here at The McGrady Group, we love digging into the data to determine how national headlines apply to us in South Central Wisconsin. Our latest analysis delves into how Dane County’s robust employment but lackluster listing quantity influences…

Dane County Market Snapshot, Inventory Low, End of 2023

The McGrady Group 2024

Let’s Navigate the 2024 Dane County Market Together

Dane County Market Analysis, For Buyers, For Sellers, Housing Market Updates, Industry News, Interest Rates, Market Updates, Pricing

With a competitive 2024 market upon us, The McGrady Group is excited to help our clients balance rising home prices, dynamic interest rates, and low inventory levels. The housing market's current stability, driven by economic factors and population…

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers…

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

First Time Home Buyers, For Buyers, Rent vs. Buy

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The…

What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

For Sellers, Housing Market Updates, Infographics, Interest Rates, Millennials, New Construction

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction…

111,285 Reasons You Should Buy a Home This Year

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association…

What Do Supply and Demand Tell Us About Today’s Housing Market?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item…

The Main Key To Understanding the Rise in Mortgage Rates

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months…

4 Tips To Prep for Your Home Sale This Fall

For Sellers, Selling Myths

Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest…

Reasons Renters Buy [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater…

As Home Equity Rises, So Does Your Wealth

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term…

Don’t Tackle Selling Your Home on Your Own – an Agent Can Help

For Sellers, FSBOs, Selling Myths

If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO).…